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The funding will be utilized to support the company's upcoming greenfield manufacturing facility in Dewas, Madhya Pradesh, which will produce 20,000 MTPA of lithium-ion battery grade graphite anode material. The facility will be among the first of its kind in India, marking a major step toward building a self-reliant domestic ecosystem for advanced energy materials.
In the cash market, The Nifty 50 index added 103.55 points or 0.41% to 25,285.35.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, was down 0.17% to 10.10.
Tata Consultancy Services (TCS), State Bank of India (SBI) and Infosys were the top-traded individual stock futures contracts in the F&O segment of the NSE.
The October 2025 F&O contracts will expire on 28 October 2025.
Axis Bank Ltd lost 0.9% today to trade at Rs 1201.6. The BSE BANKEX index is down 0.12% to quote at 63356.11. The index is up 4.72 % over last one month. Among the other constituents of the index, Kotak Mahindra Bank Ltd decreased 0.48% and State Bank of India lost 0.18% on the day. The BSE BANKEX index went up 10.82 % over last one year compared to the 1.01% surge in benchmark SENSEX.
Axis Bank Ltd has added 13.77% over last one month compared to 4.72% gain in BSE BANKEX index and 1.43% rise in the SENSEX. On the BSE, 13513 shares were traded in the counter so far compared with average daily volumes of 1.57 lakh shares in the past one month. The stock hit a record high of Rs 1247 on 27 Jun 2025. The stock hit a 52-week low of Rs 934 on 27 Jan 2025.
KPI Green Energy secures a sanction of Rs 3,200 crore from State Bank of India (PF&SBU), comprising both fund-based and non-fund based facilities, to part-finance the development of its 250 MW Solar Project and 370 MW Hybrid Project in Gujarat, together aggregating over 1 GWp of the Company's Independent Power Producer (IPP) portfolio.
The sanctioned facilities will support two strategically significant renewable projects:
Both projects are secured by 25-year long-term Power Purchase Agreements (PPAs) with Gujarat Urja Vikas Nigam (GUVNL) and are being developed in the Bharuch and Surendranagar districts of Gujarat.